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APEC Workshop on Opportunities and Challenges for Retail SMEs in the Internet and Digital Economy

Cover_221_SME_APEC Workshop on Opportunities and Challenges for Retail SMEs
Published Date November 2021
Type of Publication Proceedings
Publication Under SOM Steering Committee on Economic and Technical Cooperation (SCE), Small and Medium Enterprises Working Group (SMEWG)
Accessed 774
Pages 24
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Description

The retail sector is undergoing a major transformation, driven by the rapid expansion of the internet and digital economy. For SMEs, this means they need to make efforts to adapt to new and fierce competitive pressure, transform or build new business models and develop new skills.

This summary report provides proceedings of the workshop, discussions and recommendations from the two-day workshop held on 5 and 6 August 2021. The workshop was held to discuss the current state-of-play of retail SMEs, opportunities and challenges from the internet and digital economy, and gather recommendations on how to assist retail SMEs in reaping the benefits in this sector.